on-chain fees is the overlooked driver of desk risk limits

Ignoring Asia session flows because on-chain fees looks exciting is how late-cycle mistakes compound.

Ignoring Asia session flows because on-chain fees looks exciting is how late-cycle mistakes compound.

Put beside current chatter on “Bitcoin (BTC) Predicted to Hit $86,000 This November: Kalshi,” the incentive problem looks clearer.

Cycles rhyme, but the plumbing underneath keeps changing.

None of this is financial advice; it is a framing for cleaner decisions.

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